Hey guys this is my analysis for bitcoin. Bitcoin is right now in a corrective move and if we can break above this downtrend channel, we will probably test the previous break below point which is at 52k, and if we can break above that level we will test 56k. Otherwise, if we get a strong rejection and fails to break above 52k we will probably see next buy opportunity around 37k
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.